AptarGroup, Inc. (NYSE:ATR) Director Monnas Giovanna Kampouri Sells 1,922 Shares

AptarGroup, Inc. (NYSE:ATR - Get Free Report) Director Monnas Giovanna Kampouri sold 1,922 shares of the firm's stock in a transaction dated Tuesday, August 13th. The shares were sold at an average price of $144.43, for a total transaction of $277,594.46. Following the sale, the director now owns 8,839 shares of the company's stock, valued at $1,276,616.77. The transaction was disclosed in a document filed with the SEC, which is accessible through this link.

AptarGroup Stock Performance

Shares of NYSE ATR traded down $0.51 during trading on Wednesday, reaching $143.86. 115,706 shares of the company traded hands, compared to its average volume of 299,212. The firm has a 50 day simple moving average of $144.41 and a 200-day simple moving average of $142.66. The company has a quick ratio of 0.95, a current ratio of 1.36 and a debt-to-equity ratio of 0.28. The stock has a market capitalization of $9.53 billion, a PE ratio of 30.87, a P/E/G ratio of 3.03 and a beta of 0.57. AptarGroup, Inc. has a 52-week low of $120.36 and a 52-week high of $151.73.

AptarGroup (NYSE:ATR - Get Free Report) last announced its quarterly earnings results on Thursday, July 25th. The industrial products company reported $1.37 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.36 by $0.01. The firm had revenue of $910.10 million for the quarter, compared to the consensus estimate of $930.15 million. AptarGroup had a net margin of 9.00% and a return on equity of 15.13%. The business's quarterly revenue was up 1.6% compared to the same quarter last year. During the same quarter last year, the firm posted $1.23 EPS. Equities research analysts anticipate that AptarGroup, Inc. will post 5.36 earnings per share for the current year.

AptarGroup Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, August 15th. Investors of record on Thursday, July 25th will be issued a $0.45 dividend. This is an increase from AptarGroup's previous quarterly dividend of $0.41. The ex-dividend date is Thursday, July 25th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 1.25%. AptarGroup's dividend payout ratio (DPR) is presently 38.63%.

Analyst Ratings Changes

ATR has been the subject of a number of analyst reports. William Blair upgraded shares of AptarGroup from a "market perform" rating to an "outperform" rating in a research note on Monday, April 29th. Wells Fargo & Company raised their price objective on shares of AptarGroup from $163.00 to $168.00 and gave the company an "overweight" rating in a research note on Wednesday, July 17th. Finally, Robert W. Baird raised their price objective on shares of AptarGroup from $150.00 to $170.00 and gave the company an "outperform" rating in a research note on Monday, April 29th.

Hedge Funds Weigh In On AptarGroup

Institutional investors and hedge funds have recently made changes to their positions in the business. Rise Advisors LLC purchased a new position in shares of AptarGroup in the first quarter worth approximately $25,000. Global Retirement Partners LLC boosted its holdings in shares of AptarGroup by 8,850.0% in the first quarter. Global Retirement Partners LLC now owns 179 shares of the industrial products company's stock worth $26,000 after buying an additional 177 shares during the last quarter. Blue Trust Inc. boosted its holdings in shares of AptarGroup by 281.0% in the second quarter. Blue Trust Inc. now owns 240 shares of the industrial products company's stock worth $35,000 after buying an additional 177 shares during the last quarter. Gradient Investments LLC purchased a new position in shares of AptarGroup in the second quarter worth approximately $40,000. Finally, Versant Capital Management Inc boosted its holdings in shares of AptarGroup by 4,983.3% in the second quarter. Versant Capital Management Inc now owns 305 shares of the industrial products company's stock worth $43,000 after buying an additional 299 shares during the last quarter. Hedge funds and other institutional investors own 88.52% of the company's stock.

About AptarGroup

AptarGroup, Inc designs and manufactures a range of drug delivery, consumer product dispensing, and active material science solutions and services for the pharmaceutical, beauty, personal care, home care, and food and beverage markets. The company operates through Aptar Pharma, Aptar Beauty, and Aptar Closures segments.